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India’s Chhattisgarh secures 3 mn textile investment commitments

India’s Chhattisgarh secures $113 mn textile investment commitments



India’s Chhattisgarh secures $113 mn textile investment commitments

Chhattisgarh has attracted investment commitments worth nearly ₹973 crore (~$113 million) from four leading textile and garment companies under the state’s Industrial Development Policy 2024–30 within two years of the policy coming into force. Together, these investments are expected to generate more than 14,000 employment opportunities, reinforcing the state’s emergence as a preferred destination for textile and garment manufacturing.The investment commitments include Saravana Mills’ ₹528 crore integrated textile and apparel manufacturing campus and Swift Textiles Pvt Ltd.’s ₹235 crore manufacturing facility at the Nava Raipur Textile Park. Puneet Creations and Drishti Designs LLP have together committed investments of around ₹210 crore, taking the total investment commitment by the four companies to nearly ₹973 crore.

Chhattisgarh has secured investment commitments of nearly ₹973 crore (~$113 million) from four textile and garment companies under its Industrial Development Policy 2024–30.
The projects are expected to create over 14,000 jobs, supported by plug-and-play infrastructure, employment-linked incentives and export-oriented logistics, strengthening the state’s textile manufacturing ecosystem.

The recent bhoomipoojan of Swift Textiles’ ₹235 crore manufacturing facility, the first garment manufacturing unit at the Nava Raipur Textile Park, marked a significant milestone in the park’s development and signalled the transition of investment commitments into on-ground execution, reflecting growing investor confidence in the state’s industrial vision.

Commenting on the textile ecosystem, Chief Minister of Chhattisgarh, Vishnu Deo Sai, said, “A textile factory does much more than create industrial capacity. It creates livelihoods for thousands of families. This sector has immense potential to provide employment to our youth and women, particularly in rural and semi-urban areas. Our government is committed to creating opportunities close to home so that our people can build prosperous futures in Chhattisgarh itself.”

This momentum can largely be attributed to the state’s decision to identify textiles and ready-made garments as priority sectors. Through its Industrial Development Policy, Chhattisgarh has combined investor incentives, ready infrastructure and employment-generation measures to attract investment. The state is positioning textiles as a key growth sector, recognizing its potential to create jobs for women and young people while drawing long-term manufacturing investments.

These four companies also bring valuable industry experience that Chhattisgarh can leverage. Collectively, they span different segments of the textile value chain, from yarn manufacturing to finished garments, and include manufacturers supplying to leading global retail brands such as H&M and Marks & Spencer. As these units become operational, products manufactured in Chhattisgarh will form part of international supply chains serving global markets, positioning the state more prominently on the global textile manufacturing map.

The establishment of ready-made garment units marks a new chapter in Chhattisgarh’s industrial development. As one of the most labour-intensive manufacturing sectors globally, textiles and garments are particularly well suited to a state with a young workforce. These investments are expected to create large-scale employment opportunities, especially for women and youth from regions such as Bastar and Surguja, enabling more people to access formal employment closer to home and reducing the need for migration.

Applauding the support extended by the state government, P. Gandhi, Managing Director of Swift Textiles Pvt Ltd. said, “We are delighted to commence construction of our manufacturing unit at Nava Raipur Textile Park. We sincerely thank the Government of Chhattisgarh for its unwavering support and guidance, which have been instrumental in turning this project into reality. We are confident that, with the government’s continued encouragement, this facility will set new benchmarks in textile manufacturing, create significant employment opportunities, and contribute meaningfully to the growth of Chhattisgarh’s textile industry.”

Reflecting this employment-led approach, companies setting up textile units can avail overall incentives of up to 200 per cent of their Fixed Capital Investment, including a 35 per cent capital incentive linked to an employment multiplier. The Chhattisgarh Industrial Development Policy 2024–30 also provides Employment Generation Assistance of ₹6,000 per month for every female employee and ₹5,000 per month for every male employee for a period of five years. It also offers training support of up to ₹15,000 per employee.

Additionally, the policy provides a 12-year electricity duty exemption and freight assistance. Customised incentive packages are available for projects investing more than ₹1,000 crore and generating over 1,000 jobs. Additional incentives are also available for the first five anchor investors in the textile sector; several of whom have already committed to establish operations in the state.

The policy is backed by infrastructure designed to help companies commence operations without delay. The 81-acre Textile Park at Nava Raipur, together with the adjoining Readymade Garment Park, is designed to help companies begin operations without delay. The integrated textile ecosystem offers a plug-and-play setup with land, power, water, waste treatment and common facilities already in place.

The park’s location further strengthens its attractiveness. Situated along the Mumbai–Howrah railway corridor, it offers efficient access to major domestic markets and logistics networks. It also enjoys proximity to Visakhapatnam Port, providing an important gateway for exports. Combined with strong air connectivity to India’s major commercial centres, these advantages provide manufacturers with a robust platform for both domestic distribution and export-oriented growth.

The early response from industry underscores the growing confidence in Chhattisgarh’s textile vision. More importantly, projects are already moving from investment commitments to on-ground execution, signalling sustained momentum for the sector.

With a policy framework that rewards employment generation, modern infrastructure designed for rapid industrialisation, and increasing participation from both textile and garment manufacturers, Chhattisgarh is creating a competitive and future-ready manufacturing ecosystem. As these investments take shape, the state is well positioned to emerge as an important destination for textile production, employment generation and export-led growth in India.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (JP)



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